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GLOBALIZATION (4. POSITIVE EFFECTS (Increased competition (Better consumer…
GLOBALIZATION
1.
INTERCHANGE
World Views :globe_with_meridians:
Ideas :bulb:
Products :film_projector:
Culture :leaves:
2. RISE OF THE TRADING
Silk Road
From Roman Empire to China
Silk, Species , Culture
3. INCREASED GLOBALIZATION
:point_up:
Fall of Communism :sagittarius:
Improve Transport :!!:
Improved Technology :desktop_computer:
Reduce tariff :heavy_minus_sign:
Trade barriers had been reduce :red_flag:
6.BENEFITS ON BOTH SIDES
They both get what they want/need
Yes, I agree with the opinion the export trade helped both the countries. Itwill be a great opportunity to export goods of a particular country to othercountries because that would bring money and also fame for a country if itsexported products are good
The traders of that country would get enough moneyfor their products
4. POSITIVE EFFECTS
Spread of education :school:
Increased competition
Better consumer service
better products
Employment :construction_worker::skin-tone-2:
Investment and capital flow :money_mouth_face:
Foreign Trade :palm_tree:
Spread of culture :leaves:
5.
NEGATIVE EFFECTS
Employment Disparity :-1::skin-tone-6:
Low pay for white collar jobs
Low cost labor
Cultural Deterioration
Increased of eating junk foods
insensitive to religious belief
Rise in Health Risk
Aids from America
Raise of population due to Industrialazation
FUTURE OF GLOBALIZATION
Kevin Rudd: The spreading of wealth is the key benefit in my view: globalization is lifting economic growth rates and living standards around much, though not all, of the developing world, and in developed countries as well.
At an international level, we need proper global governance that has the necessary tools, power and intervention capacity to recreate a more level playing field.
